My posts are only my opinion. Everyone approaches investing/trading from their own angle. Please do your own DD and make your own decisions. GLTA!
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Another 10m hit. Asked is being methodically sliced through like a Christmas ham!
BRGO
Like 140m!
Huge buys!!!!
In your opinion....
No glitch. The ask before or after market in otc is meaningless.
I’m sure they have, and found nothing amiss.
BRGO
Absolutely. Nice volume on a quite day all around.
What I’m thinking also. All signs pointing in the right direction here.
$BRGO
Folks beginning to pull ones off the ask.
Thinks I want to snatch a few milly here this morning.
BRGO
Plus the ask is down about 100m from Friday. Message is getting out. Ones will get scarce in a hurry, IMO.
Good to see you here link. Close to a major Pop/run IMO.
BRGO
Nice buying out of the gate!
Yup, all the pieces are falling into place. Looks like Berge got it right here.
BRGO
And by we, I mean people actually invested here.
Good thing we’re not in one. BRGO has increasing revenues last quarter and WAS profitable.
Wow, yes I really believe that, for obvious reasons. An increase in the A/S is preferable to a reverse split every day, and twice on Sunday. Speaking of Sunday, isn’t that today? I mean I’m invested so I know why I’m here. Why are you?
$50k in debt removed from the balance sheet is a concrete number. The value of a share is whatever someone will pay for it. Apples to oranges.
Yes, we all knew there wouldn’t be enough, which is why he raised the a/s to cover what was left. Much preferred to an r/s, imho. That was the biggest fear. It’s off the table now.
Incorrectamundo. If debtholder A has an outstanding note of $50,000, that is on the balance sheet as a liability. Debtholder A converts the note to shares, raising the O/S. But wait, there’s more to the story, see? That $50,000 is now no longer on the balance sheet as a liability. A decrease in liability increases the value of the company. In case you were unaware, an increase in value of a company is a GOOD thing. I’m surprised you didn’t make that distinction, being a self-proclaimed “accountant” and all. Unless you’re using half truths and incorrect data to forward some kind of agenda?
That assumes (erroneously) that no value has come from the additional shares. The shares are being used to reduce company debt, which improves the balance sheet.
This puts the biggest fear to rest! Ready to roll!
Yup, and it appears he learned from the disastrous results of the 2014 r/s.
Far better solution than a reverse split. That was the biggest fear here.
Agreed. Been eerily quiet, but that ends pretty quickly, IMO.
Very quiet buying by someone here last few days. Hopefully see some results soon.
We’ll get there, IMO.
Looks like it’s KFC for dinner at the krony house tonight. Unless this runs this afternoon . Then it’s KFLobster.
Great to see you back here. Now I’m hungry with the thigh talk.
Some buying this morning. Ask is dropping.
BRGO
Pre 14c was filed on 5/17/17 setting this up. No, it’s not new.
They are typically used to pay legal fees.
Took a chunk from the ask it did.
Buys starting to come in.
The total left is far lower than what you keep repeating. That was as of 6/30.
There has been no more toxic financing. The notes now converting are well over two years old.
Great news!!!
BRGO
Excitement building in BRGOland, on the verge of a major partnership and what looks to be greatly improved revenue guidance for Q3. Convertibles nearly completed and no new notes in over 2 years.
BRGO on the launch pad.
It is good to be suspicious in the OTC.
Not really. I’ve sold plenty of shares at the ask.